Clearly what I wrote was a broad over simplification but I think the essence is roughly correct. As it stands now companies in China are definitely subservient to the state. The communist party there is definitely in the driver seat. In America corporate interests dominate policy making. U.S. foreign policy has definitely been bent to serve corporate interests and domestic policy in many areas are enacted to serve corporate interests. There are many instances of corporations mostly dictating policy in the U.S. I don’t claim all policy is at the behest of corporations.
Roughly speaking one can view the difference between China and the U.S. as follows. In China corporations serve CCCP interests and in the U.S. government serves corporate (highest bidder) interests.
I should not have said “other countries” in my original post. There are, currently, no other countries than China and the U.S. in terms of scale and influence.